Hints and tips:
...Latham & Watkins has hired Seth Gottlieb and Alex Kassai as partners in its emerging companies and growth team. They join from Cooley....
...Just seven stocks make up 28 per cent of the S&P 500 by market capitalisation, and their gains have pushed passively managed funds higher....
...In a note over the weekend, Morgan Stanley’s Seth Carpenter called that episode a “cautionary tale”. But equally, it is possible to put off cuts for too long, as the Fed did in 2007....
...Since May 2, Stephen Colbert, Jimmy Fallon and Seth Meyers have been forced off air by the Hollywood writers strike, which ended this week....
...Baupost said it posted a mid-single digit decline last year, significantly outperforming the S&P 500....
...“It’s sort of at the sweet spot of what an investor like us thinks we can do,” said Seth Weingram, senior vice-president at Acadian Asset Management, which specialises in systematic strategies and runs a...
...“While there will be some activity, the idea that we’re going to have a quick snapback in the regular-way US new issue market has come and gone,” said Seth Rubin, head of US equity capital markets at Stifel...
...Still, broader equity markets were uneven, as the gains among banks were partially offset by a decline in tech stocks that left the blue-chip S&P 500 index up 0.2 per cent and the Nasdaq Composite down 0.5...
...Last week, BlueMark announced it had raised $10mn from S&P Global, Temasek and other investors....
...Seth Klarman blames Federal Reserve for ‘financial fantasyland’ The head of Baupost Group and a prominent figure in investing Seth Klarman, likened last year’s sharp rises in interest rates to kryptonite...
...On one hand they have a balance sheet and a P&L like anyone else, and right now they’re not looking great....
...The rush to expand production of minerals for electric vehicles and renewable energy plants means “increasing emissions in one sector to reduce emissions in another sector”, Seth Goldstein, chair of the...
...The benchmark S&P 500 index fell 2.5 per cent on Thursday on the back of hawkish noises coming out of the ECB....
...That sent US stocks soaring, with the S&P 500 and technology-heavy Nasdaq Composite both closing roughly 3 per cent higher....
...BofA predicts the S&P 500 will fall below 4,000 this year, a drop of more than 15 per cent from its December peak....
...“This is a phenomenon that we’re seeing across pretty much every energy commodity where we’ve had this whipsaw of demand from the pandemic lows,” said Dan Klein, head of future energy pathways at S&P Global...
...Investing under inflation is hard The S&P 500 is down 8 per cent this year, a bear market in bonds is here, everyone’s sweating inflation, and recession whispers are getting louder....
...That helped prompt the first monthly loss in the S&P 500 since January....
...Financial markets took the Fed’s more assertive posture in their stride, with the S&P 500 stock index advancing 1.6 per cent and the technology-heavy Nasdaq Composite notching a gain of 2.2 per cent....
...Seth Berkley, one of the leading members of the UN-backed Covax scheme, has urged rich countries to divert jabs to the developing world....
...asked Andrew Seth, who led Unilever subsidiary Lever Brothers in the early 1990s, referring to the more modest executive pay levels of that era. “I don’t think so.”...
...“The systemic risks facing the banks still remain high, especially in the wake of this wave of Covid infections,” said Deepali Seth Chhabria, an S&P banking analyst....
...Seth Carpenter, chief US economist at UBS, said Mr Powell had “spent some time emphasising that if things are softer, [the central bank] would do more”. “I think that was helpful,” he added....
...As writer Charles Handy told me the other day: “It’s the capital P [in Purpose] that I worry about.” The recent British Academy summit threw up some other forceful observations....
...“Vitol paid bribes to government officials in Brazil, Ecuador and Mexico to win lucrative business contracts and obtain competitive advantages to which they were not fairly entitled,” said Seth DuCharme,...
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